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20130117
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Search Results 0 to 6 of about 7
CNBC
Jan 23, 2013 7:00pm EST
and you know as much as i do. we know nothing new today. the obama administration was winner and the american people was the loser. we no nothing more than weeks or months ago about this situation and it's still incumbent upon congress to get answers. how can you believe this administration about anything if we can't get straight answers on this terrible tragedy? >> general wes clark, welcome back. another thing is bugging me. state department mid-level officials said on a number of occasions during this whole period that they had three or four or five memos, cables, sent for better security and never got them. today secretary of state clinton said she never saw the cables, never read the cables and winds up blaming republicans for not funding the state department. wes clark, you know bs as well as i do. that is sum of the biggest bs i've heard. >> i will tell you the state department has lost some of its requests for funding and funding in the security area. so that's a fact. secondly there's lots of cables that go back and forth in government. i'm certain the secretary of defense d
CNBC
Jan 17, 2013 2:00pm EST
university of kansas brought into the obama administration and he started implementing some of the behavioral economic incentives in government programs. i think run out of washington. but university of baylor. austin ghoulsby, obama's economic adviser, he was more closely in line with helping people make their decisions. >> go i head, sorry. >> this is getting worse with time when you talk about the consumer and one for instant gratification. when you think about it, a lot of people say, i'm not going to wait on line because i can go on-line and shop in my comfort of my own home. it is getting worse and worse. and economics change with that. >> i think that's exactly right. i think there is this old sense that psychology is psychology and economic is economics and neurology is neurology. they wsht allowed it play with each other and learn from each other. economists are good at explaining about why we make decisions and how we choose. they don't just listen to classical economic series. they use psychology. they say, how are our biases decisions make me rational and -- >> every wa
CNBC
Jan 25, 2013 6:00am EST
obama administration will not be a hynde rans to private sector growth getting back to 3% or 4%? >> i don't think -- i think -- >> you think -- >> i think it's a help. >> trying to get in to growth rate. >> -- from the financial crisis? >> i think a lot of this. the fact that normally housing is about a third of an expansion, it's a very cyclical sector. we got way overbuilt. we had 6 million vacant homes. so of course nobody's building new houses if there's 6 million empty ones. if that overhang is cut -- >> let's say the president came to you and said i think 25% of government spending on gdp is an okay number because i've increased entitlements for obama care, i've done other things where i've increased entitlements. i want to bring tax revenues up to 25%. i don't want to meet at 18 or 20 like we've had for so long, would that be okay with you if it was 25%? would that be anti-growth for the private sector? >> my view is you should decide -- what is it you think the government should do. you don't pick a number. you pick a -- >> so -- >> the aging of the population in the u.s. impl
CNBC
Jan 23, 2013 4:00am EST
fracking techniques. that's a great place to invest. health care is attractive. the obama administration and other factors in the united states give the united states -- about 20% of gpd s in health care. the baby-boomers are retiring, they will spend on artificial hips, knees, and have the money to do it. that will be a great area. the third area is manufacturing. there's a revolution going on in manufacturing in the united states because of low cost energy. as a result, you're seeing more in-sourcing now. manufacturing is doubling its rate of growth compared to gdp growth in the united states. attractive area. >> and you mention the debt is cheap, right? are we going to see a mini lbo boom? >> well, i suspect there will be more deals this year than last year. there weren't that many deals the last six months. interest rates will probably stay low for a year or so. bernanke is committed to keeping it low. as people realize it will go up, people will take opportunities of the low interest rate now. >> what's happening in washington from your standpoint? are you expecting a new fight around t
CNBC
Jan 23, 2013 9:00am EST
going through his state. the obama administration has to weigh in, and that could take until perhaps after march, until they actually decide to do that. this is a pipeline that will take 830,000 barrels of crude oil from canada, oil sands to the texas gulf coast. but a number of analysts weighing in on what this will mean for oil prices today. we're looking at morgan stanley saying that when you look at what is happening with, not just the keystone pipeline, but pay attention to what's happening with the seaway pipeline, there's still a glut of oil from oklahoma because of what's coming from canada. that is going to maintain a level of this spread between brent and wti in the mid-teens for the first half of the year. so that's what they have to say about it. back to you. >> thank you, sharon epperson. panera bread has given competition food for thought. ron shaich on what is new at the fast-food chain, coming up next. and this morning's early movers. top of the list, intuitive surgical, up 9%. >>> shares of panera bread up 14% over the last six months. the franchise set to an
CNBC
Jan 18, 2013 7:00pm EST
? >> well, i can't speak for the obama administration. you know that, larry. and i certainly hope that they're gathering the intelligence that they need to perhaps undertake a rescue operation of these individuals, the americans and others. but this is -- a lot of this is symptomatic of the obama administration's counterterrorism policy in that part of the world. larry, has anybody paid a price yet for the benghazi terrorist attacks? as ansar al sharia, al qaeda in the islamic ma greb, has anybody been arrested? not that i'm aware of. one was arrested, he's been let go. have there been any military strikes? now, i'm hoping that our intelligence forces, our military are planning operations against these people and they're going to take action at a propitious time whether you're talking about the situation in libya or what's going on in algeria -- >> i'm just going to tell you, if americans are being held captive by terrorists or anybody else, pirates, terrorists, whoever, this country should be strong enough to send in special forces, marines, i don't know what, having drones above us.
CNBC
Jan 25, 2013 2:00pm EST
today that president barack obama violated the constitution when he used a so-called recess appointment to fill vacancies on the national labor relations board last year. a few minutes ago a white house spokesman jay carney said the administration disagrees with the ruling but the u.s. chamber of commerce said it was pleased with the ruling as did house speaker john boehner who accused the obama administration of using the nlrb to impose regulations that hurt our economy. the ruling puts the new consumer financial protection bureau director richard cordray in a vulnerable position as well because president obama used a similar maneuver to install him last year. brian, back to you. >> hello. there we go. >> thank you very much eamonn javierers. okay. some final thoughts. kate kelly obviously we've been watching all day here on cnbc the epic battle between ackman versus icahn, a real clash of styles here. >> that's what i think, mandy. what you're seeing is in this case an older generation versus the younger whipper snapper generation. i actually think even in ackman's own circle of frien
Search Results 0 to 6 of about 7